April 7 2015  |  International News

Global traffic strong in February, says IATA

By Wendy Morley

The International Air Transport Association (IATA) reports global traffic is up 6.2% over February of 2014. This is considerably higher than January’s year-on-year increase of 4.5%. The IATA suggests that February’s number was positively impacted by the Lunar New Year holiday, which occurred in February this year and January in 2014.

While Lunar New Year travel undoubtedly contributed to increased traffic growth in February, IATA’s Director General and CEO Tony Tyler states: “It is also clear that solid demand for connectivity is offsetting economic weakness in some regions including the Eurozone.”

Highlights of February’s statistics

Feb 2015 vs. Feb 2014

RPK Growth

ASK Growth

PLF

International

6.8%

5.7%

77.4%

Domestic

5.3%

5.3%

80.4%

Total Market

6.2%

5.6%

78.5%

 

YTD 2015 vs. YTD  2014

RPK Growth

ASK Growth

PLF

International

5.9%

5.7%

77.7%

Domestic

4.4%

4.6%

78.9%

Total Market

5.3%

5.3%

78.1%

International passenger demand rose 6.8% in February 2015 over February 2014. The only region that did not have growth reported by its airlines was Africa.

Unsurprisingly given the holiday, Asia-Pacific carriers saw the greatest increase in international travel, at 10.4% over the same month last year. Capacity rose 8.2% and load factor increased 1.6 percentage points to 78.2%.

In the Middle East, demand rose 8.7% in February over February 2014. Capacity shot up 11.0%, which caused the load factor to decrease 1.6 percentage points to 77.2%.

Latin American airlines jumped 7.4% in traffic over last February. Capacity increased 6.5% and load factor rose marginally to 79.7%, the highest in the world.

European airlines report an increase of 4.8% YOY. Capacity increased 3.4% and load factor rose 1.1 percentage points to 78.3%.

North American airlines saw a 3.5% increase over one year earlier. Capacity rose 2.3% and load factor was up 0.9 percentage points over February 2014.

Africa was the only region to see a decrease in international traffic. Carriers in that region saw a 2.0% drop YOY. ASKs dropped 1.7%, resulting in the lowest load factor of any region at 63.5%. The IATA suggests this was likely caused by adverse economic developments, including a severe drop in the price of oil. Nigeria is Africa’s largest economy and it relies heavily on this commodity

Brand News

March 22 2019

B+D Eyewear posts solid growth…

Despite a mixed business environment in the Americas, B+D enjoyed another successful year in travel retail throughout the…

By Hibah Noor

March 22 2019

Campari’s travel retail team puts…

Campari Global Travel Retail has big ambitions for the Americas and is taking its own booth for the first time at the Summit…

By Mary Jane Pittilla

March 19 2019

Duty Free Dynamics boosts portfolio…

Duty Free Dynamics Corp, the distributor of lifestyle brands across the Americas travel retail channel, has extended its…

By Hibah Noor

March 19 2019

Pillitteri to produce Team Canada…

Pillitteri Estates Winery has been chosen as the official wine supplier and partner of the Canadian Olympic Team and the…

By Mary Jane Pittilla

March 19 2019

Elixir adds fresh glow to Shiseido…

Shiseido Travel Retail has expanded its travel retail portfolio with the introduction of skincare…

By Jas Ryat

March 19 2019

The Harmonist enters travel retail…

Jeffrey Ten, CEO of fragrance specialist The Harmonist, will be present at the Summit of the Americas show, as the brand…

By Hibah Noor

March 19 2019

Calvin Klein celebrates women’s…

Calvin Klein has unveiled a new fragrance, Calvin Klein Women, drawing inspiration from the multifaceted identity of femininity…

By Jas Ryat

March 19 2019

A new Twist on the Miu Miu girl

Miu Miu Twist is a new fragrance developed to express the joyful essence of Italian fashion house Miu Miu

By Mary Jane Pittilla

March 19 2019

Tiffany sparkles with third fragrance…

For spring 2019, Tiffany & Co has unveiled Sheer, the third addition to the US jewelry brand’s fragrance collection

By Hibah Noor

Copyright 2019 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap